Bicycles, delivery tricycles, other cycles in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $27.9M in Bicycles, delivery tricycles, other cycles, making it the 30th largest exporter of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 615th most exported product in Canada. The main destination of Bicycles, delivery tricycles, other cycles exports from Canada are: United States ($24.1M), Romania ($577k), Germany ($397k), Norway ($384k), and Switzerland ($382k).

The fastest growing export markets for Bicycles, delivery tricycles, other cycles of Canada between 2021 and 2022 were United States ($6.37M), Romania ($577k), and Norway ($374k).

Imports In 2022, Canada imported $436M in Bicycles, delivery tricycles, other cycles, becoming the 7th largest importer of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 255th most imported product in Canada. Canada imports Bicycles, delivery tricycles, other cycles primarily from: China ($159M), Chinese Taipei ($85M), United States ($67.5M), Cambodia ($43.7M), and Vietnam ($32M).

The fastest growing import markets in Bicycles, delivery tricycles, other cycles for Canada between 2021 and 2022 were Cambodia ($34.8M), Chinese Taipei ($20.2M), and United States ($17.9M).

Latest Trends

June 2024

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Overview In June 2024 Canada's Bicycles, delivery tricycles, other cycles exports accounted up to C$814k and imports accounted up to C$16.3M, resulting in a negative trade balance of C$15.5M. Between June 2023 and June 2024 the exports of Canada's Bicycles, delivery tricycles, other cycles have increased by C$12.3k (1.53%) from C$801k to C$814k, while imports decreased by C$-7.66M (-32%) from C$24M to C$16.3M.

Destinations In June 2024, Bicycles, delivery tricycles, other cycles were exported mostly to United States (C$738k), Chile (C$27.8k), Mexico (C$17k), Australia (C$15.3k), and United States Minor Outlying Islands (C$5.5k), and were imported mostly from Chinese Taipei (C$4.95M), Cambodia (C$3.4M), China (C$3.11M), United States (C$1.49M), and Vietnam (C$1.3M).

Growth In June 2024, the increase in Bicycles, delivery tricycles, other cycles's year-by-year exports was explained primarily by an increase in exports to Dominican Republic (C$36.3k or 18.2k%), Australia (C$6.64k or 79%), and Jamaica (C$169 or 98.8%). In June 2024, the decrease in Bicycles, delivery tricycles, other cycles's year-by-year imports was explained primarily by a decrease in imports from China (C$-16M or -58.8%), Indonesia (C$-626k or -41.8%), and Portugal (C$-619k or -93.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)C$12.3k(1.53%)

IMPORT GROWTH (June 2023 - June 2024)C$-7.66M(-32%)

MAIN EXPORTER (June 2024)QuebecC$702k

MAIN DESTINATION (June 2024)United StatesC$738k

This section shows Bicycles, delivery tricycles, other cycles's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Bicycles, delivery tricycles, other cycles over time.

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